Zoom Video (ZM) Delivers First $1 Billion Quarter, Shares Sink on Conservative Guidance and Small Biz Churn, Analysts Lower PTs

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Zoom Reports Financial Results for the Second Quarter of Fiscal Year 2022

August 30, 2021 4:05 PM EDT

Second quarter total revenue of $1,021.5 million, up 54% year over yearNumber of customers contributing more than $100,000 in TTM revenue up 131% year over yearSecond quarter GAAP operating margin of 28.8% and non-GAAP operating margin of 41.6%

SAN JOSE, Calif., Aug. 30, 2021 (GLOBE NEWSWIRE) -- Zoom Video Communications, Inc. (NASDAQ: ZM) today announced financial results for the second fiscal quarter ended July 31, 2021.

In Q2, we... More